Talk:Economy of Luxembourg
This article is rated C-class on Wikipedia's content assessment scale. It is of interest to the following WikiProjects: | |||||||||||||||||||||
|
Enormous GDP per capita
editHow do they accomplish their enormous GDP per capita (currency PPP)?--Jerryseinfeld 03:35, 1 Jan 2005 (UTC)
- Luxembourg is a tax haven, in case you haven't noticed. --Jordibc 21:10, 7 Mar 2005 (UTC)
I think this article would benefit from an expanded explanation of how Luxembourg achieves its per capita GDP. As a minor second point, there should be an expanded commentry on whether the small "productive" farms are in fact EU farm subsidy recipients.
- Most statistics regarding Luxembourg, however, are distorted by a factor of about 2 or ½. For in Luxembourg about half of all employees are cross border workers, so non-residents, which together with the inhabitants generate the gross national product in Luxembourg and pay the same taxes and social security contributions as the residents. Therefore falsified results arise for example for the gross national product per capita or the purchasing power per capita, etc., which consider only one half, namely the population, but not the other half, namely the cross border workers.
This page is not up to date
editArbed does not exist anymore and has merged into Arcelor. The page also refers to satellites that *will* be sent in 2000. Does anyone have more up-to-date information on this?
I did some basic changes to take into account of the merger of Arbed into the new Arcelor, and SES Global, with links to the appropriate wiki pages.
update
editThis page clearly needs updating!! About the qualification "tax haven": one would need a clear definition (?OECD) but to my sense Luxembourg isnt't a general one like Monaco or other very small states. The banking industry depends among others on the strict banking secrecy, a feature shared notably by the Swiss banking industry. I will try to work on the page over the next weeks. For anyone interested in the Luxembourg economy: just mail me (ferdy.adam@statec.etat.lu) or have a look at www.statistiques.public.lu). The link to the OECD statistics page on Luxembourg seems very rich. FA
- May I suggest you update urgently on the basis of 2008 data (as for most other countries). Perhaps there should also be some explanation of the effects of the economic crisis on the banking section.Ipigott (talk) 11:25, 5 March 2009 (UTC)
Energy section
edit"Luxembourg has a high exportation rate of child sex slavery to countries such as Mexico and China. This has helped to boost their economy while also keeping their populations in a managable length. Child sex slavery is first, right behind pornography as Luxembourgs main economic stipulations." How on earth is this related to energy? Moreover, the paragraph lacks reference. — Preceding unsigned comment added by 129.240.48.42 (talk) 12:33, 28 April 2013 (UTC)
Comparison to Qatar
editComparing Luxembourghs economy to Qatar in a favorable light does not fit the encyclopedic nature of Wikipedia Z han lever (talk) 13:57, 14 March 2019 (UTC)
Inflation Arrows
editDon't know how to do this myself but I noticed the inflation arrows are a little wonky. Almost all of the arrows given to inflation percentages in the table are given an up arrow regardless if there was an increased level of inflation than the previous year or disinflation. In fact, only the deflationary period in the table is given a down and red arrow while all the rest appear to be sort of random. — Preceding unsigned comment added by Wastingmytime1223 (talk • contribs) 21:23, 5 September 2020 (UTC)
Please update GDP per capita rank data for 2021. — Preceding unsigned comment added by 85.163.230.188 (talk) 00:56, 13 November 2021 (UTC)